541 West Lake Drive
541 West Lake Drive
$2,643,000
—
2
4,985
4,985
$530
Sold 2/26/22
Description
Located in Montauk Harbor, this commercial multi-use property is an excellent opportunity in a prime east end location. This property is situated in a high foot traffic area, surrounded by hotels, popular waterfront restaurants, the ferry terminal, shops, and marinas. The building has two units on the ground level totaling 4,985+/- sq. ft. and twenty-eight parking spaces. The larger unit, The Market, is a 4,000 +/- sq. ft. turn key, grocery market and deli with one half bath, kitchen area, walk-in...Located in Montauk Harbor, this commercial multi-use property is an excellent opportunity in a prime east end location. This property is situated in a high foot traffic area, surrounded by hotels, popular waterfront restaurants, the ferry terminal, shops, and marinas. The building has two units on the ground level totaling 4,985+/- sq. ft. and twenty-eight parking spaces. The larger unit, The Market, is a 4,000 +/- sq. ft. turn key, grocery market and deli with one half bath, kitchen area, walk-in refrigerator, and private office. This unit underwent an extensive renovation in 2016 where the electrical, insulation, flooring, air conditioning, mechanicals, kitchen equipment, and much more were updated. The second unit is 1,000+/- sq. ft. and is currently setup as a bike shop with a showroom and half bath. A pre-existing drive-through window, could also be incorporated into the new owners business plan. The second level has 3,000+/- sq. ft. of dry storage space with expansion possibilities. The property is zoned Central Business which allows a wide variety of commercial uses such as restaurants, offices, retail and personal services.
Listing Agent
Property Details for 541 West Lake Drive
New Construction
No
StyleTraditional
Listing Typeexclusive
Unit TypeSingle Family
ZoningCentral Business
Near Train StationNo
Location
LISTING UPDATED: 02/26/2022 03:36 PM
Property Details for 541 West Lake Drive
Status | Sold |
---|---|
MLS # | 356776 |
Days on Market | 230 |
Taxes | $6,600 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Home for Sale / Single Family |
Year Built | 1987 |
Lot Size | 0.64 AC |
County | Suffolk County |
Location
Building Information for 541 West Lake Drive
Stories2Year Built1987Building Size-Lot Size0.64 AC
Payment Calculator
$14,974 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 541 West Lake Drive
Public Records for 541 West Lake Drive
Taxable ValueLand$1,200Additions$5,400Total$6,600
Home Facts
Lot Size27,443 SqFtStyleMiscellaneous CommercialCountySUFFOLKAPN0300-006.00-03.00-004.000
Schools near 541 West Lake Drive
This home is within Montauk Union Free School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Montauk School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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